BCREA Stronger 2ND Half Expected

[barrievattoy]

Here's what BCREA are saying
http://www2.topproducerwebsite.com/user ... 012-06.pdf

Regards
Barrie Vattoy
http://www.relocationbc.com

[thirdlittlepig]

“The pace of home sales slowed during the
first half of the year,” said Cameron Muir,
BCREA Chief Economist. “However, the
downturn is likely to be temporary as
population growth, persistently low
mortgage rates and encouraging
employment figures suggest a stronger
second half of 2012.”

This statement makes little sense to me, population growth is anemic (not likely to change much in the 2nd half, mortgage rates are low now and sales are uninspiring and slowing, employment figures don't look promising either. So what's going to bring a "stronger" half. Will it be noticeably stronger, or even enough to make a difference. Or will it actually be weaker, like BCREA has not before made a too rosey prediction and then found out it was wrong before. Their predictions mean absolutely nothing. When things are going well, Wow , the market is hot, it can only get hotter. When the market is slowing, Wow, the market is slow, but can only get better, when there are not positive indicators anywhere to be found.